Africa Top Stories

Anglo investors tell company to move faster to survive BHP bid

Anglo shareholders have been urging the company to explain how it would create more value than by just selling to the rival.

Bloomberg News | May 11, 2024 | 11:44 am

Sibanye seeks to loosen borrowing restrictions as earnings plunge

Sibanye CEO Neal Froneman said in the update that declining…

Reuters | May 10, 2024 | 9:23 am

Rio Tinto has not ruled out bid for Anglo American — report

While Rio has a smaller market capitalization than rival BHP,…

Cecilia Jamasmie | May 10, 2024 | 6:45 am

Lucara Diamond records strong quarter at Karowe mine

Key milestones, including the recovery of high-quality diamonds at the…

Staff Writer | May 10, 2024 | 3:40 am

Montage Gold receives environmental OK for Koné project, mine permit expected in H2

Koné is regarded as one of the highest quality gold…

Staff Writer | May 9, 2024 | 7:49 am

Lifezone shares rise on $50 million funding, licence for Tanzania refinery

The investment is led by Harry Lundin and Rick Rule.

Staff Writer | March 22, 2024 | 7:31 am

UAE conglomerate seeks to gatecrash China’s JCHX Zambian copper deal

Abu Dhabi's most valuable company is now interested in acquiring Zambia's Lubambe copper mine.

Reuters | March 22, 2024 | 5:28 am

India’s NMDC looking at lithium assets in Africa and Australia

In June last year, NMDC's unit Legacy Iron Ore signed a lithium exploration pact with Australia's Hancock Prospecting.

Reuters | March 22, 2024 | 4:12 am

Gemfields warns of $2.8 million loss on write-down

Weak PGMs prices forced Gemfields to cut the value of its Sedibelo investment, which will result in a write-down ranging between $4 million and $28 million.

Cecilia Jamasmie | March 22, 2024 | 4:01 am

Lucapa finds Lulo mine’s fifth-largest diamond

The 203-carat, type IIa diamond is also the third 100-carat-plus stone found at the Angolan mine this year.

Cecilia Jamasmie | March 21, 2024 | 5:35 am

Centamin annual profit boosted by soaring gold prices

Centamin said it had “re-positioned” its Sukari gold mine in Egypt to achieve a consistent annual production of 500,000 ounces.

Cecilia Jamasmie | March 21, 2024 | 3:51 am

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Anglo investors tell company to move faster to survive BHP bid

Sibanye seeks to loosen borrowing restrictions as earnings plunge

Rio Tinto has not ruled out bid for Anglo American — report

Lucara Diamond records strong quarter at Karowe mine

Montage Gold receives environmental OK for Koné project, mine permit expected in H2

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Lifezone shares rise on $50 million funding, licence for Tanzania refinery

UAE conglomerate seeks to gatecrash China’s JCHX Zambian copper deal

India’s NMDC looking at lithium assets in Africa and Australia

Gemfields warns of $2.8 million loss on write-down

Lucapa finds Lulo mine’s fifth-largest diamond

Centamin annual profit boosted by soaring gold prices

Barrick looks to explore new gold, copper deposits in the DRC

Zimplats to offer voluntary job cuts after platinum price rout

Perseus gets key OreCorp shareholders on side with sweetened offer